Expired Rent Agreement

1
What Happens If the Rent Agreement is Expired?
2
Introduction
What if your Landlord shows up one day and
informs you that your Rent Agreement expired and
you must vacate the property as soon as
possible? Isn't it terrifying? If you stop
keeping track of your Agreement completion, this
can become a real-life example for others. But
what if it really does expire? So, what are your
options? So, let's get started with this
3
When can a Rent Agreement expire in India?
A tenant may live in a foreign property that is
not his or her own thanks to a rent arrangement.
The tenant will be forced to vacate the property
if the document expires. Landlords typically opt
for rental agreements of 11 months or less
because they avoid paying expensive registration
fees by doing so. The owner will provide the
tenant a notice of vacancy whenever the Rent
Agreement expires in India.
4
If you're a tenant or landlord, what can you do?
TENANT The tenant may request a renewal of the
lease from the landlord. The tenant can
discontinue the agreement if the landlord
increases the rent in the fresh agreement.
LANDLORD If both parties to the lease agree, it
may be renewed once more. can modify the
contract, including the rent, the notice
period, and other terms.
5
After the lease expires, how long may a tenant
stay in India?
Giving the tenant at least 15 days' notice to
leave the property is the easiest way for the
landlord to get rid of them if the lease is not
renewed. With the cooperation of both the
landlord and the tenant, the expired rent
agreement is often renewed or the tenure is
extended.
6
Do Leases remain in effect after they expire?

• The lease's validity expires along with the
  agreement when it is terminated. There are
  various instances where both parties have the
  choice to end the lease before it expires. The
  following are the incidents
• Tenant and landlord disagreements.
• The current agreement may be terminated if the
  renter accepts a new one that meets his or her
  preferences.
• The tenant consistently misses the deadline for
  rent payments.
• A reason to terminate a rental agreement is any
  illegal activity that occurs beyond of the
  landlord's control and is prohibited under the
  terms of the housing agreement.
• Consistent complaints from the tenant's noisy
  neighbors who are irritated. one odd
  circumstance that leads to a tenant's eviction
  without a lease is when the owner's property
  sustains more damage.

7
Cons of not having a signed rental agreement
disagreements and misunderstandings between the
parties. unclear definition of the contract's
provisions. difficulty in implementing the
agreement's provisions in court. legal
protection is lacking. In the event of a dispute,
it may be challenging to prove the conditions of
the agreement.
8
If the rental agreement is not renewed, what
happens?
Ask the landlord why, ask him to let you stay
there because it is both affordable and
comfortable, or just ask for 15 days to leave
the property. The tenant must formally vacate
the property they were occupying if the lease is
not renewed. If both the landlord and the tenant
agree to maintain the arrangement, the renewal
of the lease rests on both parties.
9
What Are the Documents Required for a Rent
Agreement in India?
In India, the documents required for rent
agreement typically include identification
documents for both the landlord and the tenant,
such as a passport or government- issued ID.
Other documents that may be required include
proof of residence, proof of income, and bank
statements. Additionally, the agreement itself
must be in writing, signed by both parties, and
witnessed by at least two people.
10
HOW MUCH DOES IT COST TO RENEW A LEASE?
A leased plots fee has been set at 5 for both
residential and commercial use. The rent in a
cooperative housing group will be one percent.
The old lease rent plus a 25 increase will be
levied if the initial rent was higher than the
initial rent under the new lease.
11
Conclusion

• The majority of people find it simple to renew
  their rent agreement because starting again
  might be tiresome frequently. The parties should
  decide what terms and conditions they want to
  add and remove before entering into another
  agreement because it can backfire if one party
  disagrees with it.

12
Thank You